SF February Real Estate Market Report 2026

Market conditions can vary dramatically due to seasonal trends in supply & demand. As of 2/1/26, as the new year’s market is waking up from the midwinter holidays, inventory levels are extremely low.

San Francisco Residential Market Market Dynamics by Price Segment/Property Type

Price/ Prop. Type Under $1,000,000 $1,000,000 - $1,999,999 $2,000,000 - $2,999,999 $3,000,000 - $4,999,999 $5,000,000 - $7,499,999 $7,500,000 - $9,999,999

# Listings for Sale*

# Listings in Contract*

Monthly Rate of Sales**

Supply of Inventory***

Avg. Days on Market**

Sales Over List Price**

Avg. Sales Price to LP %**

284

95

116 sales/mo.

2.4 months

66 days

31%

97.5%

225

98

196 sales/mo.

1.1 months

34 days

64%

109%

67

24

63 sales/mo.

1.1 months

26 days

73%

111%

42

8

32 sales/mo.

1.3 months

34 days

59%

106%

16

2

6 sales/mo.

2.7 months

45 days

33%

98.5%

6

2

4 sales/mo.

1.5 months

52 days

20%

97%

$10 Million+

12

0

2 sales/mo.

6 months

4%

88.5%

too few sales

Houses

185

91

192 sales/mo.

1 month

27 days

75%

112.5%

Condos

389

113

189 sales/mo.

2.1 months

56 days

36%

100%

TICs

59

20

27 sales/mo.

2.2 months

54 days

46%

100.5%

Co-ops

13

7

5.5 sales/mo.

2.4 months

71 days

16%

97.5%

*Active/Coming-Soon Listings & Listings in Contract posted to MLS as of 2/1/26. **Sales statistics per last 12 months of sales, i.e., the annualized rate of activity. ***Months Supply of Inventory measures approx. time required to sell listings for sale at estimated annualized rate of sale: Lower readings signify higher demand compared to supply. Market activity typically ebbs and flows to seasonal trends.

Data reported to NorCal MLS Alliance and Infosparks, may contain errors and subject to revision. Not all activity is reported to MLS. All numbers approximate. Statistics based on annualized activity may not apply to current conditions and can be distorted by outlier data (especially in low sales volumes). Listing/sales numbers change constantly.

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